ZenaTech Acquires Miller Land Surveying for Strategic DaaS Expansion
Deal News | Apr 10, 2025 | Globenewswire
Vancouver-based ZenaTech, a tech company specializing in drones and AI, has completed its acquisition of Miller Land Surveying Corporation in Florida. This move marks ZenaTech's continued expansion in the southeastern U.S. and its fourth acquisition nationally as part of a strategy to modernize the land survey industry through the use of drones. CEO Shaun Passley emphasizes the acquisition's role in bringing drone technology to traditional surveying tasks, enhancing efficiency and accuracy. ZenaTech plans to integrate its autonomous drone innovations with Miller's longstanding service reputation across Palm Beach County. The company's Drone as a Service (DaaS) model offers scalable, cost-effective solutions for varied industrial applications—from land surveys to power line inspections—under a subscription-based or pay-per-use model. The burgeoning global drone surveying market, anticipated to exceed $8 billion by 2030, promises significant growth fueled by demand from construction, agriculture, and infrastructure sectors.
Sectors
- Technology
- Surveying and Mapping
- Aerospace & Defense
Geography
- United States – ZenaTech is expanding its national DaaS rollout in the U.S., with recent acquisition activities located in Florida.
- Canada – ZenaTech is based in Vancouver, British Columbia.
Industry
- Technology – ZenaTech is involved in cutting-edge technology solutions including AI, drones, and quantum computing.
- Surveying and Mapping – The acquisition targets a company in the land surveying and mapping sector.
- Aerospace & Defense – ZenaTech's drone technology is applicable for defense and surveillance purposes.
Financials
- USD $8 billion – Projected worth of the global drone surveying market by 2030.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| ZenaTech | Acquirer | Company | A technology company specializing in AI drones, Drone as a Service, and other tech solutions. |
| Miller Land Surveying Corporation | Target Company | Company | A Florida-based company with a 40-year history in land surveying and mapping. |
| Shaun Passley, Ph.D | CEO | Person | CEO of ZenaTech who commented on the strategic acquisition. |